$1,000,000
Est. $5,046/mo1 bd•1 ba•990 sq ft
16519 Ne 16th Place, Bellevue, WA 98008
• Listed 2026-06-05•New today
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Whether you are a builder, investor, or end user ready to create a custom masterpiece, this is a unique chance to secure a premium lot in a rapidly appreciating Bellevue neighborhood with the opportunity to customize your future home. Luxury builder introduction available upon request to help bring your vision to life. This property is being marketed as a tear-down with an inspiring concept for a 4,000+ sq ft luxury residence. Renderings illustrate the potential for a stunning modern home designed to maximize space, light, and livability.Ideally located minutes to Downtown Bellevue and the Microsoft campus without needing to use the freeway, offering exceptional convenience for commuting, dining, and shopping. Enjoy Ivanhoe Park just steps away, providing access to green space and outdoor recreation. Located within the highly regarded Bellevue School District, including Sherwood Forest Elementary and Interlake High School. Do not go onto property or enter structure.
Listed by Tara Scouten • Keller Williams West Sound
Listing updated: June 5, 2026 at 04:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2535899
5 recent nearby sales, priced between $665K and $1.75M.

$789,000Last sold price
1711 159th Pl Ne #29, Bellevue, WA 98008

$750,000Last sold price
1600 159th Avenue Ne #17a, Bellevue, WA 98008

$665,000Last sold price
3046 128th Avenue Se #35, Bellevue, WA 98005
16519 Ne 16th Place, Bellevue, WA 98008
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Nearby school ratings are temporarily unavailable for this listing. School boundaries can change, so verify the exact assigned schools with the district before purchasing.
7 programs may be available to provide you with up to $85,000 in down payment assistance, depending on your specific information.
$5,861 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
5.4/10
Somewhat Walkable
Some errands can be done on foot
6.5/10
Bikeable
Some bike infrastructure
4.2/10
Some Transit
A few nearby transit options
Provided by Walk Score
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Bellevue is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 7 days.
$3,150,000 Sold
7 weeks ago
5 bd•4.5 ba•~4,411 sq ft•Single Family
1246 169th Pl Ne, Bellevue, WA 98008
2%
Under list
—
Days on market
0.4 mi
Distance
$1,265,000 Sold
7 weeks ago
3 bd•1 ba•~1,430 sq ft•Single Family
16237 Ne 30th Street, Bellevue, WA 98008
1%
Over list
—
Days on market
0.9 mi
Distance
$2,995,000 Sold
7 weeks ago
5 bd•2.5 ba•~3,977 sq ft•Single Family
917 167th Avenue Ne, Bellevue, WA 98008
0%
Over list
—
Days on market
0.4 mi
Distance
$900,000 Sold
8 weeks ago
2 bd•1.5 ba•~1,550 sq ft•Single Family
15768 Ne 14th Terrace, Bellevue, WA 98008
3%
Under list
—
Days on market
0.5 mi
Distance
$1,550,000 Sold
8 weeks ago
5 bd•2 ba•~3,060 sq ft•Single Family
16828 Ne 18th Street, Bellevue, WA 98008
3%
Under list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 5, 2026 at 6:16 PM PDT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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